Facebook Stock at Record High, and More

8/26/2013 3:14PM

What’s News: Facebook shares poised for new record high; stock more popular at $40 now than at IPO. Donald Trump calls New York AG a ‘sleazebag’ after lawsuit. Colleges set to offer exit SAT-like tests to judge a student’s real value to employers. Joanne Po reports.

This transcript has been automatically generated and may not be 100% accurate.

... the lot of lights on Wall Street this is what's news I'm WS J live I'm Thailand Co ... shares of Facebook crossing forty one dollars a share today and plays for a new record closing high on Monday ... the social networking site's stock has been on a roll of late ... Rehling seventy percent since the start of a quarter of the growth of Facebook's mobile business ... the stock at forty box is now more crop Wheeler ... with Wall Street analysts ... then at the time of the company's IPO when the price was thirty eight dollars a share ... according to FactSet the percentage of buy ratings on Facebook ... has risen from ... a little over fifty percent after the twenty twelve IPO to more than seventy percent today ... the gloves are off Donald Trump in York's attorney general or treating purple jabs in the wake of Eric Schneiderman's lawsuit against Mr. Trump ... and a strong University ... accusing them of misleading consumers ... into paying for a series of expensive courses that did not deliver on promises ... on Twitter and in TV interviews Mr. Trump calls Mr. Schneiderman ... a quote total fees bag and a political hack ... Mr. Schneiderman's response is that the real estate mogul ... is making wild accusations ... just like others to commit fraud and get caught ... are you ready for the full scholarship essay see it's called the collegiate learning assessment ... and next spring seniors in about two hundred U S colleges will take a new voluntary tests ... that could prove more important to their future and final exams ... ASAP like assessment aims to cut through grade point averages and just in its real value to players like their critical thinking skills ... employers say they don't trust grade point average of which have been rising steadily for decades but don't necessarily mean many new graduates are prepared for the workforce ... the CLA plus exam ... will be open to anyone and students will be allowed to show their scores to prospective employees ... looking keep us anomaly business about Mr upbeat and what's his I'm WS J live